From trades to NAV to regulatory reporting — Cúram runs the whole back office for boutique UCITS and AIF managers. One platform, full audit trail, DORA-native. Without the enterprise price tag.
The Problem
The back office is fragmented across tools, vendors, and manual handoffs — and every gap is a cost, a delay, or a compliance risk.
NAV in one tool, the register in another, recs in spreadsheets, reporting by email. Every handoff is manual and every seam leaks.
Third-party administrators are priced for large funds. Boutique managers subsidise complexity and headcount they never use.
DORA, AIFMD II, and CBI requirements are retrofitted onto systems that were never designed to produce an audit trail.
The Platform
Every fund administration function, orchestrated by AI and connected end to end — so nothing is re-keyed and nothing falls through the cracks.
Precise per-share NAV across share classes and fee conventions — every run logged, hashed, and reconciled. The number the rest of the platform is built around. See NAV →
Subscriptions, redemptions, and a live investor register — dealing to settlement, without the spreadsheets.
Cash, positions, and custodian data matched automatically. Breaks surfaced and explained, not hunted down.
Balance sheet, income statement, and annual accounts generated from the same ledger the NAV runs on.
AIFMD Annex IV, CBI returns, and DORA evidence produced from live data — filing-ready, not a fire drill.
Management, performance, and admin fees accrued to the day — with expense caps and waterfalls handled automatically.
Statements, contract notes, and capital activity delivered to investors — branded, secure, and always current.
Returns, attribution, and FX exposure across the portfolio — the same numbers your investors and board see.
How it runs
Compliance, by design
Every action logged, hashed, and retained for five years in tamper-proof storage — no separate evidence gathering.
CIF health monitoring flags breaks, outliers, and control failures before they reach a report or an investor.
Fee conventions, share classes, and reporting built for Irish and EU funds — including AIFMD Annex IV.
FAQ
Cúram is fund administration software that runs your back office — NAV, transfer agency, reconciliations, reporting, and investor communications. Where a licensed administrator or oversight is required, Cúram works alongside your appointed parties and gives them a complete, auditable record.
Either. Managers who run admin in-house use Cúram as their full back office; those with a third-party administrator use it to shadow, reconcile, and challenge the numbers with the same precision. The audit trail is identical in both cases.
UCITS and AIF funds, with fee conventions, multiple share classes, day-count standards, and regulatory reporting built for Irish and EU funds from the ground up — including AIFMD Annex IV.
Traditional administrators price for headcount and complexity built for large funds. Cúram is AI-native and purpose-built for boutique managers, so the whole back office runs on one platform — you pay for the work, not the overhead.
About
Cúram is built by a team with deep backgrounds in fund accounting, fund governance technology, and ETF operations. We built it because we spent years working around the limitations of tools that were never designed to run a whole back office.
Our company, Cruinn — pronounced 'crinn' — is the Irish word for precise. Our platform, Cúram — 'koor-um' — is the Irish word for stewardship. Together, they are the standard we hold ourselves to.
Cúram is available now for boutique UCITS and AIF managers.